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Serbian government determined to create good investment climate
Belgrade/Zagreb,
14 May 2010
Finance Minister Diana Dragutinovic stated today at the annual meeting of the European Bank for Reconstruction and Development (EBRD) in Zagreb that the Serbian government is firmly committed to reforms and the creation of a good investment climate.
Representing Serbia at the meeting, Dragutinovic said that the Serbian government has a sound fiscal policy and that it is time for Serbia to be placed on the world map of good investment destinations.
The situation in Greece cannot be a threat to the processes unfolding in Serbia because its budget deficit is 4% and public debt 30%, she said.
Serbia’s banking system is stable and banks in Serbia under Greek ownership have been well recapitalised, she said.
Serbia’s investment and financial potential was presented at the EBRD meeting also by State Secretary at the Ministry of Economy and Regional Development Dragijana Radonic-Petrovic, EBRD Director for Serbia Hildegard Gacek and representatives of banks and businesses.
The main subject of the two day EBRD meeting is economic recovery. It is being attended by nearly 2,500 state functionaries, bankers, investors and delegations of 63 EBRD members, being led by finance ministers.
The situation in Greece cannot be a threat to the processes unfolding in Serbia because its budget deficit is 4% and public debt 30%, she said.
Serbia’s banking system is stable and banks in Serbia under Greek ownership have been well recapitalised, she said.
Serbia’s investment and financial potential was presented at the EBRD meeting also by State Secretary at the Ministry of Economy and Regional Development Dragijana Radonic-Petrovic, EBRD Director for Serbia Hildegard Gacek and representatives of banks and businesses.
The main subject of the two day EBRD meeting is economic recovery. It is being attended by nearly 2,500 state functionaries, bankers, investors and delegations of 63 EBRD members, being led by finance ministers.
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